Inovalon Holdings, Inc, a technology company, provides cloud-based platforms empowering data-driven healthcare. It operates the Inovalon ONE Platform, a cloud-based platform that interconnect with the healthcare ecosystem to aggregate and analyze data in real-time, as well as empowers the application in resulting insights. The company also operates myABILITY software platform, an integrated set of cloud-based applications for providers that offers connectivity, administrative, clinical and quality analysis, management, and performance improvement capabilities to acute, post-acute, and ambulatory point-of-care provider facilities.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone301-809-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$527.68 million
Profitability
Miscellaneous
Employees2,499
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable
Inovalon (NASDAQ:INOV) Frequently Asked Questions
What is Inovalon's stock symbol?
Inovalon trades on the NASDAQ under the ticker symbol "INOV."
How were Inovalon's earnings last quarter?
Inovalon Holdings Inc (NASDAQ:INOV) released its quarterly earnings results on Wednesday, July, 31st. The technology company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The technology company had revenue of $156.98 million for the quarter, compared to analyst estimates of $155.72 million. Inovalon had a positive return on equity of 6.39% and a negative net margin of 2.70%. The business's revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 EPS. View Inovalon's Earnings History.
When is Inovalon's next earnings date?
How can I listen to Inovalon's earnings call?
Inovalon will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Inovalon issued on next quarter's earnings?
Inovalon updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $0.45-0.49 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.45. The company issued revenue guidance of $638-648 million, compared to the consensus revenue estimate of $639.44 million.
What price target have analysts set for INOV?
4 equities research analysts have issued 1-year price targets for Inovalon's stock. Their predictions range from $11.00 to $22.00. On average, they expect Inovalon's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Inovalon.
What is the consensus analysts' recommendation for Inovalon?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Inovalon.
Has Inovalon been receiving favorable news coverage?
Media headlines about INOV stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Inovalon earned a news impact score of 2.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Inovalon.
Are investors shorting Inovalon?
Inovalon saw a drop in short interest in September. As of September 15th, there was short interest totalling 10,550,000 shares, a drop of 6.6% from the August 15th total of 11,300,000 shares. Based on an average daily trading volume, of 437,400 shares, the short-interest ratio is presently 24.1 days. Currently, 16.1% of the company's stock are short sold. View Inovalon's Current Options Chain.
Who are some of Inovalon's key competitors?
Some companies that are related to Inovalon include DXC Technology (DXC), Zendesk (ZEN), Proofpoint (PFPT), Pegasystems (PEGA), Zynga (ZNGA), CHURCHILL CAP C/SH (CCC), YY (YY), CarGurus (CARG), Bilibili (BILI), Corelogic (CLGX), Globant (GLOB), Five9 (FIVN), LiveRamp (RAMP), Evertec (EVTC) and 8X8 (EGHT).
What other stocks do shareholders of Inovalon own?
Who are Inovalon's key executives?
Inovalon's management team includes the folowing people:
- Keith R. Dunleavy, CEO & Chairman (Age 50)
- Mr. Robert A. Wychulis, Pres (Age 64)
- Mr. John Michael Burgin, Chief Product Officer (Age 45)
- Mr. Jonathan R. Boldt, Chief Financial Officer (Age 34)
- Mr. Jason B. Capitel, Chief Operating Officer (Age 47)
When did Inovalon IPO?
(INOV) raised $500 million in an IPO on Thursday, February 12th 2015. The company issued 22,200,000 shares at a price of $21.00-$24.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, BofA Merrill Lynch and UBS Investment Bank served as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.
Who are Inovalon's major shareholders?
Inovalon's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Summit Partners L P (1.13%), Riverbridge Partners LLC (0.50%), Envestnet Asset Management Inc. (0.02%), Calamos Advisors LLC (0.02%), Coastal Investment Advisors Inc. (0.01%) and Campbell & CO Investment Adviser LLC (0.01%). Company insiders that own Inovalon stock include Jason Capitel, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis and Shauna L Vernal. View Institutional Ownership Trends for Inovalon.
Which institutional investors are selling Inovalon stock?
Which institutional investors are buying Inovalon stock?
INOV stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Coastal Investment Advisors Inc., Campbell & CO Investment Adviser LLC, Envestnet Asset Management Inc. and NEXT Financial Group Inc. Company insiders that have bought Inovalon stock in the last two years include Jason Capitel, Keith R Dunleavy and Lee D Roberts. View Insider Buying and Selling for Inovalon.
How do I buy shares of Inovalon?
Shares of INOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Inovalon's stock price today?
One share of INOV stock can currently be purchased for approximately $14.35.
How big of a company is Inovalon?
Inovalon has a market capitalization of $2.21 billion and generates $527.68 million in revenue each year. The technology company earns $-39,160,000.00 in net income (profit) each year or $0.18 on an earnings per share basis. Inovalon employs 2,499 workers across the globe.View Additional Information About Inovalon.
What is Inovalon's official website?
How can I contact Inovalon?
Inovalon's mailing address is 4321 COLLINGTON ROAD, BOWIE MD, 20716. The technology company can be reached via phone at 301-809-4000 or via email at [email protected]
MarketBeat Community Rating for Inovalon (NASDAQ INOV)
MarketBeat's community ratings are surveys of what our community members think about Inovalon and other stocks. Vote "Outperform" if you believe INOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
